Pondicherry Act for protecting interests of small depositors is Valid – SC

SUPREME COURT OF INDIA New Horizon Sugar Mills Versus Government of Pondicherry Civil Appeal Nos. 6673 6674 of 2009 September 27, 2012 JUDGMENT Altamas Kabir, J – Several Special Leave Petitions (now Civil Appeals) were filed in this Court against the common judgment and order dated 27th March, 2007, passed by the Madras High Court, including Writ Appeal Nos.1788 & 1919 of 2005, 1142 to 1144, 1209, 1342 to 1345 of 2006, 293 of 2007 and W.P.Nos.44991, 45805 of 2006 & 1460 of 2007. Of the said appeals, we are concerned with Writ Appeal Nos.1144 of 2006 and 293 of ...